Innovations Financial News

20.11 / 05:04

Provident Pool President track country innovations TVS Capital Funds appoints Ramesh Iyer as Board Member

TVS Capital Funds has appointed Ramesh Iyer as a Board Member. As the Vice-Chairman and MD of Mahindra Finance, Iyer's primary responsibility has been to promote inclusive growth and foster rural prosperity.

20.11 / 04:33

Reuters Google CEO show innovations information reports ‘First and the last time…’: 'Sacked' Sam Altman shows OpenAI 'guest ID card' amid talks of his return

Sam Altman's latest post on X (formerly Twitter) hints at a strict deadline for his return to OpenAI and the removal of the company's board of directors. Altman was unceremoniously ousted as the company's CEO in a Google Meet on Thursday night, while Greg Brockman was also removed from his position as chairman of the board. Also Read| Sam Altman’s ousting and possible return to OpenAI: What we know Altman and Brockman arrived at OpenAI's San Francisco headquarters to negotiate a possible return to the company.

19.11 / 19:46

Digital Entertainment Assurant Pool country audience innovations JetSynthesys, Digital Hearts join hands

MUMBAI : To strengthen its foothold in Japan’s gaming market, Indian digital entertainment and technology firm JetSynthesys has entered into a strategic tie-up with Tokyo Stock Exchange-listed Digital Hearts Holdings (DHH). As part of a comprehensive deal aimed at mutual growth and global expansion, DHH will invest an undisclosed sum in JetSynthesys Japan, besides establishing a 50:50 joint venture in India. The venture will capitalize on the strengths of both entities, with DHH contributing expertise in quality assurance, customer support, and marketing, while JetSynthesys draws on its technology prowess and digital entertainment capabilities.

19.11 / 19:46

FIVE Digital Manufacturing Racing Biogen innovations reports Dr Reddy’s capex likely at ₹700 cr in H2: CMD Prasad

NEW DELHI : Hyderabad-based pharmaceutical company Dr Reddy’s Laboratories Ltd (DRL), will invest ab out ₹700 crore for capacity expansion during the second half of the fiscal, G. V. Prasad, co-chairman and managing director of DRL told Mint.

19.11 / 18:15

Provident Entertainment Align Xbox classical innovations Xbox Teams with Inworld AI for Game Dev AI Tools

Xbox and Inworld AI have announced a multi-year alliance aimed at infusing game development with the transformative capabilities of Generative AI. This partnership promises to arm game creators with cutting-edge tools to design intricate narratives and dialogues, catalyzing a new era of interactive gaming experiences.

19.11 / 16:57

Art Google Airlines Enterprise MakeMyTrip country innovations NOT ‘Govts should access the best tech, not reinvent the wheel’

SEATTLE, WA : In May, Sam Altman, co-founder and chief executive officer of Microsoft-backed OpenAI who was fired on Friday, had stirred a hornet’s nest, commenting on India’s attempt to develop a generative artificial intelligence (AI) tool like ChatGPT, terming it “hopeless", while responding to a question by Rajan Anandan, the managing director of Peak XV Partners, and a former head of Google India. Altman later clarified that his response was “…really taken out of context! (and that the)...question was about competing with us with $10 million (as opposed to $100 million), which I do think is not going to work..." That said, India does not have a semiconductor fab to build chips required to power a large language model (LLM) or LLM-powered chatbot.

19.11 / 12:55

Platform Strategy performer cover electronic innovations Air Chief Marshal Vivek Ram Chaudhari emphasises vital role of private sector in boosting IAF's capability

Air Force capabilities but also in increasing the productivity and production ability of defence public sector units, Air Chief Marshal Vivek Ram Chaudhari said on Sunday. Responding to a question during a session at the Synergia Conclave 2023, he said the private industry also needs to ensure that they match up with the production capability to ensure that the rollout of fighters that the Air Force orders takes place on time.

19.11 / 12:37

Citi Digital economy Pool country innovations Department play Startups will play important role in helping India become third-largest economy: CEA Anantha Nageswaran

Startups will play an important role in helping India become the third largest economy in the world, chief economic advisor (CEA) to the government V Anantha Nageswaran has said. Nageswaran said that tier-2 and 3 cities, including Kerala's capital, have become game-changers in helping startups flourish in the country due to improvements in infrastructure and supportive policies of the government, according to a Kerala Startup Mission (KSUM) release.

19.11 / 12:21

Citi Digital economy pandemic country innovations reports play Startups to play key role in India becoming third largest economy: CEA Anantha Nageswaran

Anantha Nageswaran has said that startups will play an important role in India achieving its developmental aspirations and becoming the third largest economy in the world, PTI reported Sunday. Speaking on the concluding day of the Huddle Global 2023 organised by the Kerala Startup Mission (KSUM), Nageswaran said the tier-2 and 3 cities, including Thiruvananthapuram, have become game-changers in helping startups flourish in the country due to improvements in infrastructure and supportive policies of the respective government, a KSUM release said.

19.11 / 10:44

Provident Reuters Digital economy innovations Exclusive-Germany, France and Italy reach agreement on future AI regulation

By Andreas Rinke

19.11 / 09:49

Digital Aware CEO Strategy PwC innovations Future of leadership: AI and business disruption

By John Kallelil

19.11 / 09:49

Provident Career love show innovations Chai Chai pe Charcha with BrandWagon

Weekends are all about downtime. After a week full of work to meet deadlines, everybody needs some breather to relax and recuperate. From watching a favourite web series to planning a vacation, weekends are designated as family and me time. Rajat Khurana, managing director, ASICS India, talks to BrandWagon Online about his weekends, favourite vacation destination and more.

19.11 / 07:05

Digital Strategy innovations information Researchers say screen time found to affect children's brain physically, functionally

children under 12 years of age, impacting their development, scientists have found after reviewing 33 brain imaging studies spanning 23 years and involving 30,000 participants. Screen time, referring to the time children spend watching television or playing computer games, was found to impact the development of executive functions of brain such as working memory, planning and responding flexibly to changing situations by making structural changes in the pre-frontal cortex, the scientists found.

19.11 / 05:27

Target FIVE Progressive love Celebrity innovations Financial How to achieve financial goals faster with step-up SIPs this new year?

Diwali signals the commencement of a new year for numerous Hindus in India. Spanning five days, this festival is marked by the illumination of lights, vibrant fireworks, and festive feasts. The significance of designating this celebration as the harbinger of a new start lies in its association with the goddess Lakshmi, the revered Hindu deity symbolizing wealth and prosperity.

19.11 / 03:17

Target Manufacturing Racing Pool RPG innovations 2020 Companies race to campuses to have more women at finish line

female workers during this campus recruitment season, as manufacturing firms strive to widen the talent pool and build a pipeline of women professionals by grooming them early, in a sector that is highly male-dominated. Companies are targeting female graduates at leading engineering and management schools (IITs, IIMs, NITs, etc) and undergraduate colleges such as St. Stephens, Lady Shri Ram College, Shri Ram College of Commerce, and St. Xavier's College for entry-level roles, top executives told ET.

19.11 / 02:01

Progressive Dreams Enterprise Celebrity social innovations Entrepreneurs' day: Meaning, significance and everything you need to know

Microfinance institutions empower women entrepreneurs amidst social challenges Established by David Hauser and Siamak Taghaddos, co-founders of Grasshopper, along with entrepreneur Amir Tehrani, Entrepreneurs' Day falls on the last day of Global Entrepreneurship Week in November. It serves as a token of gratitude for those who, against the odds, have not only achieved success but have also positively impacted communities by generating employment. Also Read: Entrepreneur, Billionaire, Investor, Content Creator; Shades Of Nikhil Kamath In a world constantly evolving, entrepreneurs act as the engine of progress, injecting fresh ideas and solutions into industries.

19.11 / 01:41

Provident CEO Platform WhatsApp pandemic innovations Tech provides the assist to find football’s uncut gems

But then, Covid struck. As governments around the world enforced lockdowns, football scholarship plans suffered. But even when lockdowns started easing and athletes resumed hitting the turf, things couldn’t be back to the way they once were.

18.11 / 15:07

Twitter Google CEO Platform President innovations shock vulnerability Founder vulnerability in technology ecosystem is worrying: Indian startup industry leaders

OpenAI cofounder and chief executive Sam Altman being ousted by the company’s board, expressed shock at the development while highlighting the continued challenges that technology firms face in defining a founder’s control over their companies. While the reasons behind the sudden removal of Altman, who has emerged as the most prominent name in the generative artificial intelligence (AGI) space, was still not clear, multiple executives ET spoke to said the development would affect the pace of evolution of AI and puts the lens on the composition of boards at tech startups, globally.

18.11 / 15:07

Target Manufacturing Mobile cover electronic innovations India set for revolutionary leap in IT hardware manufacturing: MAIT on approval to 27 cos under PLI scheme

MAIT said that India is poised for a revolutionary leap in IT hardware manufacturing. The government on Saturday announced that 27 firms, including Dell, HP, Flextronics, and Foxconn, have been granted approval under the PLI scheme for IT hardware. The scheme, which covers laptops, tablets, PCs, servers and ultra-small form factor devices, is expected to fuel incremental investments of about Rs 3,000 crore.

18.11 / 09:59

Provident Manufacturing Remark Healthcare innovations patient MedAlliance acquired by Cordis for $1.13 billion

MedAlliance has announced acquisition by Cordis for $1.13 billion. Cordis will play a pivotal role in the marketing, distribution, and global accessibility of MedAlliance's revolutionary Drug-Eluting Balloon, the company said in a statement. MedAlliance has a manufacturing facility in the US and research and development centers in Switzerland and Singapore.

18.11 / 09:01

Blockchain Ethereum Digital Platform Bitcoin innovations reports Looking ahead 2030 – How crypto will shape the future of finance

By Anndy Lian

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